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Louisiana to pay $15M for solar tax credits stalled in 2015

Source: theadvertiser.com - Jun 30, 2017

BATON ROUGE — Louisiana will spend up to $15 million to clear a backlog of tax credits for homeowners who paid thousands to add solar panels to their property only to see the state abruptly end the tax breaks they expected to offset much of the cost.

Residents called it unfair to change the rules in 2015 and stall tax credits already in the pipeline as a budget-cutting maneuver, after people installed solar panels expecting to recoup a significant portion of the cost.

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Category: General Business